Description
We are excited to introduce Divergence Engine$ – our AMAZING NinjaTrader divergence indicator that catches REGULAR divergences, which signal possible trend reversals.
This is a UNIVERSAL solution to regular divergence trading. Divergences can be identified by comparing price action and an oscillator of your choice. Yes, you can freely use RSI, MACD, stochastic, CCI… Any indicators, from any vendors! That’s why the indicator name is “Engine$”, just like an engine that can be installed in any cars. Upon purchasing this indicator, you will receive a Trader Manual with step-by-step instructions to help you select any oscillator of yours for divergence identification.
Our Divergence Engine$ indicator helps identify regular divergences, which signal possible trend reversals:
- Bullish regular divergence: This pattern is observed when price action makes a lower/equal low but the oscillator makes a higher low.
- Bearish regular divergence: This pattern is observed when price action makes a higher/equal high but the oscillator makes a lower high.
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